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20100901
20100930
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WMPT (PBS) 12
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Search Results 0 to 11 of about 12 (some duplicates have been removed)
and in congress is if you propose something that's bold, that touches these third rails, the other side will use it as a political weapon against you so don't dare try. we have to get off, if we court start tackling the fiscal problem, it will tack ale lot. what i do the point i'm trying to make is we do this now and get our prosperity agenda. what i mean when i say this is my plan says nothing changes for anybody 35 and above. -- 55 and above, so if you are 10 years away from retiring we can guarantee your benefit, if you are 54 and below you know the programs won't be the samement you know that the social insurance safety net system we have is imploding. we need to reform it to fix it. i use a few values and principals on how i fix those things am i go kif-- i can give you details if you like. the point i make is do it now, preema debt crisis, if he kick the can down the road it will be austerity to everybody. tax increases to current workers that is the pain plan we should avoid that. >> rose: i meant by dismantle, just dismantle in the traditional way that it works. in other words, you can u
captioning sponsored by macneil/lehrer productions >> brown: good evening. i'm jeffrey brown. the u.s. treasury and insurance giant a.i.g. unveiled a plan today to speed up the repayment of more than $100 billion in federal bailout money. >> suarez: and i'm ray suarez. on the "newshour" tonight, economic writers louise story of the "new york times" and roben farzad of "bloomberg business week" weigh the pluses and minuses of the deal. >> brown: then, kwame holman looks at the down-to-the-wire scramble as congress pushed to adjourn just weeks ahead of the midterm elections. >> suarez: judy woodruff talks to speaker of the house nancy pelosi about the battle over tax cuts and the stakes for democrats in november. >> our members left congress last night. they are confident that they would return in the majority. >> brown: special correspondent miles o'brien reports on a mississippi community's plan to use stimulus money for mass transit in rural areas. >> suarez: betty ann bowser updates the johnson and johnson story as company executives and the f.d.a. come under fire on capitol hill fo
's collapse and the ensuing crisis led to a new push to make banks safer. in the u.s. a sweeping financial reform bill signed into law in july imposed stricter capital requirements on banks, yet largely left u.s. regulators to determine those levels. now new international standards may be on the way. this weekend in basil, switzerland, central bankers from 27 countries including ben bernanke agreed to new rules that included substantially raising amount of capital that banks must hold in reserve. banks in the u.s. currently must hold about 2% of their assets in capital or equity to absorb losses in the event of runs or financial panics. under the so-called basil-3 agreement the new international standard would be 7% of assets. but banks would have until 2019 to implement it. the head of the european central bank said the move would help protect against another meltdown. >> what we have decided is commensurate to permit when we have all the standards in place to make the banking sector at a global level much more resilient. and i would say we think we are commensurate to the shocks that we
. >> the policies that the republicans have offer -- are offering right now are the exact policies that got us into this mess. >> i think it just shows how out of touch the white house is. the american people are asking the question, where are the jobs? >> over the coming midterm election. >> what i'm going to remind the american people of is the policies that we have put in place have moved us in the right direction. >> no apologies for opposing the stimulus, no apologies for opposing the health care. no apologies for opposing what they call the wall street bill. gwen: and a sensational and distracting threat from an obscure florida pastor. >> we are simply burning a book. >> it doesn't in any way represent america or americans or american government or american religious or political leadership. >> we have to make sure that we don't start turning on each other. gwen: we'll put the roller coaster week in context with jackie calmes of "the new york times," david wessel of "the wall street journal" and michael duffy of "time" magazine. >> award-winning reporting and analysis. covering history a
, the engine that connects us. and the william and flora hewlett foundation, working to solve social and environmental problems at home and around the world. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> lehrer: the president accused the republicans of being fiscally irresponsible, but admitted that his own policies have not worked as quickly as hoped. congressional correspondent kwame holman reports. >> we got some business to do today. >> reporter: just eight weeks from election day, the president made his pitch in cleveland today to help the sputtering u.s. economy >> that means making long-term investments in education and clean energy; in basic research, technology, and infrastructure. >> reporter: and he also took a stand against extending the bush era tax cuts for the top 2% of earners, setting up a pre- election fight with republicans in congress. he accused the g.o.p. of being mr. obama repeatedl
. >> to everyone making a difference, you help us all live better. >> nationwide insurance supports tavis smiley. with every question and every answer, nationwide insurance is proud to join tavis in working to improve financial literacy and remove obstacles to economic empowerment, one conversation at a time. nationwide is on your side. >> and by contributions to your pbs station from viewers like you. thank you. [captioning made possible by kcet public television] tavis: a few programming notes first. in just a few minutes, i will be joined by a the huffington post co-founder arianna huffington, and tomorrow, we have a team robbins and the plea he has written about the jamestown settlement. later in the week, philip seymour hoffman, who is making his directorial debut. on thursday night, the "house" star hugh laurie is here, and then we revisit a documentary on baseball. tonight, we begin our week with kathleen sebelius, former governor of kansas, the now, of course, serves as president obama note's secretary of health and human services -- serves as president obama's health and human services
the country would say, "we're not there yet." if the election is about the policies that are going to move us forward versus the policies that will get us back into a mess, then i think the democrats will do very well. >> holman: one such policy is mr. obama's push to extend middle-class tax cuts, something he argued should garner bipartisan support. >> 97% of americans make less than $250,000 a year... $250,000 a year or less. and i'm saying we can give those families-- 97%-- permanent tax relief. now, that seems like a common- sense thing to do. and what i've got is the republicans holding middle-class tax relief hostage because they're insisting we've got to give tax relief to millionaires and billionaires to the tune of about $100,000 per millionaire, >> holman: on health care, the president was pressed about a government report showing health care costs on the rise. that, despite the passage of legislation aimed at bending down the cost curve. >> we didn't think that we were going to cover 30 million people for free, but that the long-term trend, in terms of how much the average family i
our economy into a ditch, or do we keep moving forward with policies that are slowly pulling us out? >> reporter: too slowly, republicans fired back. on jobs, republican leader john boehner argued the president's policies are the problem, and a few new ideas won't change that. >> until this uncertainty and spending is under control... i don't think these are going to have much impact. >> reporter: what does all this politicking mean for your bottom line? first, on those new proposals from the president: $50 billion in infrastructure spending, an expansion and extension of the research and development tax credits, and 100% expensing of new equipment. the last is most likely to become law, and even that analysts consider a long shot. second, whatever the election outcome, there will be less help coming for the economy. goldman sachs washington analyst alec philips says that's one reason his firm is downgrading their economic forecast for 2011. >> there's really three things happening there. one is the fading effect of the 2009 fiscal stimulus bill. number two is our concern that congr
, who covers capitol hill for "the new york times." thanks for being back with us. so what's this delay all about? >> well, the senate clearly doesn't want to get embroiled in this issue before the election. it's just too unpredictable and the story line for democrats is clean, as things stand now. they're making the case that republicans would block tax relief for the middle class to hold out for tax break force the wealthy. republicans, of course shall want to extend those tax cuts for everyone. and so it's easier in the view of democrats to push this until a lame duck session. the political situation will obviously be less intense then. but as you said, the house speaker today left open the possibility of forcing a vote. and that could get really interesting next week. >> woodruff: now why the different calculus in the senate and in the house. >> the calculus probably isn't different. the conventional wisdom still is that in the end the house will decide to go home and campaign without taking this vote. but there's no reason for speaker pelosi to relent right now when she thinks she'
or not confident that life for our children's generation will be better than it has been for us? 66% do not kill confidence. is america in a state of decline? 65% believe the country is in a state of decline. how do you come back from that? >> it is tough to do. historically, internationally, the u.s. has been the home office of national optimism. optimism breed confidence. if you are optimistic about the future, you can take a chance, whether it is the gi bill, air, water, pollution act's that made a difference. when people lack confidence, there is a sense of hunkering down, i cannot be concerned about other people. it makes me a lot more self concerned. it has a political ripple effect that is enormous. i do not think it has been totally calculated. >> the president says we will put money into infrastructure. john boehner wants to cut spending. how does that instill confidence in the american people? >> it does not compute to the average person. it is said that macroeconomics will benefit the system, but why do people not feel that? politicians in both parties have sort of lost credibility. i
Search Results 0 to 11 of about 12 (some duplicates have been removed)

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